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1、中级财务会计英选择题判断题考点一：应付票据分类，流动负债，非流动负债，非负债D 1.Liabilities area.any accounts having credit balances after closing entries are made.b.deferred credits that are recognized and measured in conformity with generally accepted accounting principles.c.obligations to transfer ownership shares to other entities i
2、n the future.d.obligations arising from past transactions and payable in assets or services in the future.D 2.Which of the following is a current liability?a.A long-term debt maturing currently, which is to be paid with cash in a sinking fundb.A long-term debt maturing currently, which is to be reti
3、red with proceeds from a new debt issuec.A long-term debt maturing currently, which is to be converted into common stockd.None of theseA 3.Which of the following is true about accounts payable?1.Accounts payable should not be reported at their present value.2.When accounts payable are recorded at th
4、e net amount, a Purchase Discounts account will be used.3.When accounts payable are recorded at the gross amount, a Purchase Discounts Lost account will be used.a.1b.2c.3d.Both 2 and 3 are true.A 4.Among the short-term obligations of Lance Company as of December 31, the balance sheet date, are notes
5、 payable totaling $250,000 with the Madison National Bank. These are 90-day notes, renewable for another 90-day period. These notes should be classified on the balance sheet of Lance Company asa.current liabilities.b.deferred charges.c.long-term liabilities.d.intermediate debt.B 5.Which of the follo
6、wing is not true about the discount on short-term notes payable?a.The Discount on Notes Payable account has a debit balance.b.The Discount on Notes Payable account should be reported as an asset on the balance sheet.c.When there is a discount on a note payable, the effective interest rate is higher
7、than the stated discount rate.d.All of these are true.D 8.Which of the following should not be included in the current liabilities section of the balance sheet?a.Trade notes payableb.Short-term zero-interest-bearing notes payablec.The discount on short-term notes payabled.All of these are includedC
8、9.Which of the following is a current liability?a.Preferred dividends in arrearsb.A dividend payable in the form of additional shares of stockc.A cash dividend payable to preferred stockholdersd.All of these11.Of the following items, the only one which should not be classified as a current liability
9、 isa.current maturities of long-term debt.b.sales taxes payable.c.short-term obligations expected to be refinanced.d.unearned revenues.D 12.An account which would be classified as a current liability isa.dividends payable in the companys stock.b.accounts payabledebit balances.c.losses expected to be
10、 incurred within the next twelve months in excess of the companys insurance coverage.d.none of these.D 13.Which of the following may be a current liability?a.Withheld Income Taxesb.Deposits Received from Customersc.Deferred Revenued.All of theseC 14.Which of the following items is a current liabilit
11、y?a.Bonds (for which there is an adequate sinking fund properly classified as a long-term investment) due in three months.b.Bonds due in three years.c.Bonds (for which there is an adequate appropriation of retained earnings) due in eleven months.d.Bonds to be refunded when due in eight months, there
12、 being no doubt about the marketability of the refunding issue.D 15.Which of the following statements is false?a.A company may exclude a short-term obligation from current liabilities if the firm intends to refinance the obligation on a long-term basis and demonstrates an ability to complete the ref
13、inancing.b.Cash dividends should be recorded as a liability when they are declared by the board of directors.c.Under the cash basis method, warranty costs are charged to expense as they are paid.d.FICA taxes withheld from employees payroll checks should never be recorded as a liability since the emp
14、loyer will eventually remit the amounts withheld to the appropriate taxing authority.考点二：实际利息法下溢价和折价对摊销的影响是增加还是减少B6.Stone, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from date of issue. If the bonds were issued at a premium, this indicates thata.the effective yield
15、 or market rate of interest exceeded the stated (nominal) rate.b.the nominal rate of interest exceeded the market rate.c.the market and nominal rates coincided.d.no necessary relationship exists between the two rates.A 7.If bonds are initially sold at a discount and the straight-line method of amort
16、ization is used, interest expense in the earlier years willa.exceed what it would have been had the effective interest method of amortization been used.b.be less than what it would have been had the effective interest method of amortization been used.c.be the same as what it would have been had the
17、effective interest method of amortization been used.d.be less than the stated (nominal) rate of interest.D8.Under the effective interest method of bond discount or premium amortization, the periodic interest expense is equal toa.the stated (nominal) rate of interest multiplied by the face value of t
18、he bonds.b.the market rate of interest multiplied by the face value of the bonds.c.the stated rate multiplied by the beginning-of-period carrying amount of the bonds.d.the market rate multiplied by the beginning-of-period carrying amount of the bonds.D9.When the effective interest method is used to
19、amortize bond premium or discount, the periodic amortization willa.increase if the bonds were issued at a discount.b.decrease if the bonds were issued at a premium.c.increase if the bonds were issued at a premium.d.increase if the bonds were issued at either a discount or a premium.考点三：普通股的优先权体现在什么地
20、方B 2.The pre-emptive right of a common stockholder is the right toa.share proportionately in corporate assets upon liquidation.b.share proportionately in any new issues of stock of the same class.c.receive cash dividends before they are distributed to preferred stockholders.d.exclude preferred stock
21、holders from voting rights.A 3.The pre-emptive right enables a stockholder toa.share proportionately in any new issues of stock of the same class.b.receive cash dividends before other classes of stock without the pre-emptive right.c.sell capital stock back to the corporation at the option of the sto
22、ckholder.d.receive the same amount of dividends on a percentage basis as the preferred stockholders.考点四：投资证券的利得如何列示考点五：库存股份的出售利得如何列示C 10.When treasury stock is purchased for more than the par value of the stock and the cost method is used to account for treasury stock, what account(s) should be debi
23、ted?a.Treasury stock for the par value and paid-in capital in excess of par for the excess of the purchase price over the par value.b.Paid-in capital in excess of par for the purchase price.c.Treasury stock for the purchase price.d.Treasury stock for the par value and retained earnings for the exces
24、s of the purchase price over the par value.A 11.“Gains on sales of treasury stock (using the cost method) should be credited toa.paid-in capital from treasury stock.b.capital stock.c.retained earnings.d.other income.B 13.How should a gain from the sale of treasury stock be reflected when using the c
25、ost method of recording treasury stock transactions?a.As ordinary earnings shown on the income statement.b.As paid-in capital from treasury stock transactions.c.As an increase in the amount shown for common stock.d.As an extraordinary item shown on the income statement.考点六：小额股份股票A 29.The issuer of a
26、 5% common stock dividend to common stockholders preferably should transfer from retained earnings to contributed capital an amount equal to thea.market value of the shares issued.b.book value of the shares issued.c.minimum legal requirements.d.par or stated value of the shares issued. A 30.At the d
27、ate of declaration of a small common stock dividend, the entry should not include a.a credit to Common Stock Dividend Payable.b.a credit to Paid-in Capital in Excess of Par.c.a debit to Retained Earnings.d.All of these are acceptable.考点七：持有至到期投资如何分类4.A requirement for a security to be classified as
28、held-to-maturity isa.ability to hold the security to maturity.b.positive intent.c.the security must be a debt security.d.All of these are required.考点八：未实现的利得C 8.Unrealized holding gains or losses which are recognized in income are from securities classified asa.held-to-maturity.b.available-for-sale.
29、c.trading.d.none of these.D 10.An unrealized holding gain on a companys available-for-sale securities should be reflected in the current financial statements asa.an extraordinary item shown as a direct increase to retained earnings.b.a current gain resulting from holding securities.c.a note or paren
30、thetical disclosure only.d.other comprehensive income and included in the equity section of the balance sheet.考点九：长期工程合同会计方法时主要因素考虑哪些B 8.In selecting an accounting method for a newly contracted long-term construction project, the principal factor to be considered should bea.the terms of payment in t
31、he contract.b.the degree to which a reliable estimate of the costs to complete and extent of progress toward completion is practicable.c.the method commonly used by the contractor to account for other long-term construc-tion contracts.d.the inherent nature of the contractors technical facilities use
32、d in construction.考点十：长期工程合同完工百分比法确认毛利C 9.The percentage-of-completion method must be used when certain conditions exist. Which of the following is not one of those necessary conditions?a.Estimates of progress toward completion, revenues, and costs are reasonably dependable.b.The contractor can be e
33、xpected to perform the contractual obligation.c.The buyer can be expected to satisfy some of the obligations under the contract.d.The contract clearly specifies the enforceable rights of the parties, the consideration to be exchanged, and the manner and terms of settlement.B 10.When work to be done
34、and costs to be incurred on a long-term contract can be estimated dependably, which of the following methods of revenue recognition is preferable?a.Installment-sales methodb.Percentage-of-completion methodc.Completed-contract methodd.None of theseB 12.In accounting for a long-term construction-type
35、contract using the percentage-of-completion method, the gross profit recognized during the first year would be the estimated total gross profit from the contract, multiplied by the percentage of the costs incurred during the year to thea.total costs incurred to date.b.total estimated cost.c.unbilled
36、 portion of the contract price.d.total contract price.考点十一：应税所得零碎所得B 3.Taxable income of a corporationa.differs from accounting income due to differences in intraperiod allocation between the two methods of income determination.b.differs from accounting income due to differences in interperiod alloc
37、ation and permanent differences between the two methods of income determination.c.is based on generally accepted accounting principles.d.is reported on the corporations income statement.C 4.Taxable income of a corporation differs from pretax financial income because ofPermanentTemporaryDifferencesDi
38、fferencesa.NoNob.NoYesc.YesYesd.YesNo考点十二：永久性差异D 9.Interperiod income tax allocation procedures are appropriate whena.an extraordinary loss will cause the amount of income tax expense to be less than the tax on ordinary net income.b.an extraordinary gain will cause the amount of income tax expense t
39、o be greater than the tax on ordinary net income.c.differences between net income for tax purposes and financial reporting occur because tax laws and financial accounting principles do not concur on the items to be recognized as revenue and expense.d.differences between net income for tax purposes a
40、nd financial reporting occur because, even though financial accounting principles and tax laws concur on the item to be recognized as revenues and expenses, they dont concur on the timing of the recognition.B 10.Interperiod tax allocation would not be required whena.costs are written off in the year
41、 of the expenditure for tax purposes but capitalized for accounting purposes.b.statutory (or percentage) depletion exceeds cost depletion for the period.c.different methods of revenue recognition arise for tax purposes and accounting purposes.d.different depreciable lives are used for machinery for
42、tax and accounting purposes. C 11.Renner Corporations taxable income differed from its accounting income computed for this past year. An item that would create a permanent difference in accounting and taxable incomes for Renner would bea.a balance in the Unearned Rent account at year end.b.using acc
43、elerated depreciation for tax purposes and straight-line depreciation for book purposes.c.a fine resulting from violations of OSHA regulations.d.making installment sales during the year.D12.An example of a permanent difference isa.proceeds from life insurance on officers.b.interest expense on money
44、borrowed to invest in municipal bonds.c.insurance expense for a life insurance policy on officers.d.all of these.考点十三:会计变更政策B 1.Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though, in theory, this may be a violation of the accou
45、nting concept ofa.materiality.b.consistency.c.conservatism.d.objectivity. B 2.Which of the following is not a change in accounting principle?a.A change from LIFO to FIFO for inventory valuationb.Using a different method of depreciation for new plant assetsc.A change from full-cost to successful effo
46、rts in the extractive industryd.A change from completed-contract to percentage-of-completionC 3.An example of a change in accounting principle that should be handled currently is a change from pleted-contract method to the percentage-of-completion method for long-term contracts.b.LIFO method to the FIFO method for inventory valuation.c.sum-of-the-years-digits method to the straight-line method.d.full cost method to another method in the extractive industry.D 4.Pro forma amounts for chang